Constant-deposit multiparty lotteries on Bitcoin

Massimo Bartoletti; Roberto Zunino

Paper 2016/955 Original: eprint.iacr.org/2016/955 ↗

Constant-deposit multiparty lotteries on Bitcoin

Massimo Bartoletti

Roberto Zunino

Abstract

An active research trend is to exploit the consensus mechanism of cryptocurrencies to secure the execution of distributed applications. In particular, some recent works have proposed fair lotteries which work on Bitcoin. These protocols, however, require a deposit from each player which grows quadratically with the number of players. We propose a fair lottery on Bitcoin which only requires a constant deposit.

Metadata

Available format(s): PDF
Category: Cryptographic protocols
Publication info: Preprint.
History: 2017-02-28: last updated; 2016-10-04: published
Short URL: https://ia.cr/2016/955
License: https://creativecommons.org/licenses/by/4.0/

BibTeX

@misc{cryptoeprint:2016/955,
      author = {Massimo Bartoletti and Roberto Zunino},
      title = {Constant-deposit multiparty lotteries on Bitcoin},
      howpublished = {Cryptology {ePrint} Archive, Paper 2016/955},
      year = {2016},
      url = {https://eprint.iacr.org/2016/955}
}